Panitch joined Sony in 2016 and was named co-president of the motion picture group with Greenstein in October 2019. He has overseen the studio’s blockbuster franchises such as “Spider-Man,” “Jumanji” and “Venom,” as well as some recent duds like “Morbius,” “Madame Web” and “Kraven the Hunter.”

As departing co-president Josh Greenstein entered talks to join the Skydance-owned Paramount, Sony Pictures made a flurry of promotions under Sanford Panitch, who will become the sole president of the motion picture group.

In what has been rumored for months, Sony Motion Pictures co-President Josh Greenstein is in talks to go to the new Paramount Skydance in an undefined role. We heard this back over Oscar weekend that he was sitting down with buddy David Ellison,